Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Cooters who wrote (122003)	7/23/2002 6:20:13 PM
From: A.L. Reagan	Read Replies (2) \| Respond to of 152472

With CNBC recommending their viewers start shorting, how much further can the swoon last? <g>

To: Cooters who wrote (122003)	7/23/2002 6:25:15 PM
From: jackmore	Read Replies (1) \| Respond to of 152472

Did you see the earlier interview with Lazlo Biryini (sp?) by Consuelo Mack? He has completed a study of the effectiveness of various market indicators to predict bottoms. Basically none work consistently except the ratio of amateur-to-professional shorts. When amateurs exceed pros it has "always" marked a bottom in the past. They said (not verified) that amateurs now exceed pros by 1%. Or words to that effect.